Microsoft BizSpark - Microsoft BizSpark is a global program that helps software startups succeed by giving them access to Microsoft software development tools, connecting them with key industry players, including investors, and providing marketing visibility to help entrepreneurs starting a business. Microsoft BizSpark is a worldwide partner of the Founder Institute, providing software, support, facilities, and mentoring to many entrprenuers within the Fouder Insitute network. Learn more about our partnership here, and sign-up for BizSpark here.


Clifford Chance is one of the world's leading law firms, with 33 offices* in 23 countries and some 3,200 legal advisers. www.cliffordchance.com


Sanoma Media is a media company that crosses frontiers, with her expertise, creativity and appealing content Sanoma creates the right context for advertisers to achieve their objectives. Sanoma Media Netherlands B.V. is a part of the Sanoma Group, an European mediagroup operating in several media sectors in twenty countries www.sanomamedia.nl


V-Ventures is a holding company with a portfolio of Dutch investments geared towards news- and information supply and management www.v-ventures.nl  

Inside FI: 5 Steps to a Great Idea by @adeoressi

Posted by Adeo Ressi on 2010-08-29

The majority of Founders that apply and enroll in the Institute do not have a polished business idea. The first 30-45 days of the program is dedicated to ideation, where Founders are pushed to refine and defend a set of ideas that they are passionate about.

In the following 17 minute video, Adeo Ressi presents a five step process to develop a great startup idea. The premise is that great ideas are raised rather than born.


See the video here: http://vimeo.com/12428461

The five steps are quickly outlined below:

  • Step 1 - The Seed: Find a passion or pain point as a seed for a bigger idea.
  • Step 2 - The Project:Launch a project where you start to collect information and ideas about the potent ial business.
  • Step 3 - Quiet Time: Take quiet time to reflect on your projects throughout the day.
  • Step 4 - Board of Friends: Develop a Board of Friends to give you honest feedback on the projects.
  • Step 5 - Expand: Identify your favorite project and try to expand the scope to make it larger and more meaningful.

The video includes other tips about when you know that your idea is right and how to contextualize your idea. Enjoy!

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